RE: Rns out16 Mar 2017 17:06
Percival, that is a very very difficult question!
Reason being it is a shell just now, so valued on cash, sentiment and potential (based on the strength of the assembled team)
In that 6 month time frame you ask about, they will have had to launch a transaction, as per my post yesterday, to become an operating business.
Where we are at now does not tell us where we will be, in that we do not know the ultimate direction, will they buy a mine or will they buy a company in oil for instance. too many unknowns.
Personally I think we will see more of a team assembled and other things lined up that give us an idea of the scale and direction. That could take us to 2p in the next 2 months or so.
Then when they complete a transaction anywhere from that 2p to 20p is in range, in roughly that 6 months.
The returns can be spectacular from a shell.
Getting in at this point is the key to those big returns, and the risk, as if they do not progress, delisting is ultimately the outcome. However as this was brought out of suspension at a fair cost and effort, I doubt that is on the cards here. Also we are at the start of that 6 month process, so no risk really at present.
Aberdeenman